Sr. Muni Trader
- Type:
- Full Time
- Location(s):
- Chicago, IL 60606, United States
- 333 West Wacker Drive, Chicago, IL 60606, United States
- Date Posted:
- Salary:
- Base Pay Range: $200,000/yr - $250,000/yr
- Job Posting End Date:
- 2025-06-17-07:00
- Job ID:
- R250500147
The Municipal Fixed Income Senior Trader oversees the purchase and sale of municipal securities on behalf of mutual fund portfolio managers. As a recognized expert in municipal fixed income trading, this position seeks to capitalize on market inefficiencies by creating total return opportunities through relative value trading for clients.
Key Responsibilities and Duties
- Supports portfolio managers with secondary trading by coordinating the execution of orders.
- Helps improve liquidity access for the municipal team through fostering enhanced relationships with trading counterparties
- Identifies opportunities and proposes solutions to improve investment returns.
- Monitors market conditions and portfolio holdings to identify pricing inefficiencies, technical trends, and support trade recommendations.
- Evaluates market information to help reduce impact of price volatility on municipal funds.
- Advises portfolio managers on longer-term strategies for positioning in sectors, structures and issuers.
- Coordinate with research team to identify opportunities across sectors and credits.
- Ensures that all trading processes and documents comply with standard policies.
- University (Degree) Preferred
- 5+ Years Required; 7+ Years Preferred
- Physical Requirements: Sedentary Work
Career Level
9IC
Company Overview
Every worker deserves a secure retirement. For more than 100 years, TIAA has delivered it for millions of people. Founded to help educators retire with dignity, today we’re a market-leading retirement company fueled by world-class asset management. But we’re not just another legacy financial services firm. We’re fighting harder than ever before for our clients and the many Americans who need us.
Benefits and Total Rewards
The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being.
To learn more about your benefits, please review our Benefits Summary.
Equal Opportunity
We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.
Read more about your rights and view government notices here.
Accessibility Support
TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.
If you are a U.S. applicant and desire a reasonable accommodation to complete a job application, please use one of the below options to contact our accessibility support team:
Phone: (800) 842-2755
Email: accessibility.support@tiaa.org
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We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.
Read more about your rights and view government notices here.